SNB Sold Currencies in Final Quarter in Potential Buoy for Franc
The Swiss National Bank sold a small amount of foreign exchange at the end of last year, slightly reducing its…
Tag: currencies
Asian Currencies Hit 16-Month High on Weak Dollar, Yuan Gains
Asian currencies rose to a 16-month high on Wednesday, supported by a weaker dollar and steady yuan appreciation. www.bloomberg.com #Asian…
Emerging-Market Currencies, Stocks Edge Up in Holiday Trading
Gauges for developing-nation currencies and stocks edged higher in thin trading on Monday amid holidays in key markets, with expectations…
Carry Trade, Commodities Make EM Currencies More Stable Than G-7
Emerging-market currencies are proving more stable than those in developed nations, a streak some investors say could become the longest…
CZ lists a number of non-dollar stablecoins as Binance backs national currencies
CZ says Binance is working with governments to launch local-currency stablecoins, widening stablecoin options beyond dollar-pegged tokens. Summary CZ says…
Why There’s No Grand ‘Mar-a-Lago Accord’ for Global Currencies
Trump 2.0 has shown this administration’s priorities are interest, tariff and tax rates, with exchange rates an afterthought. www.bloomberg.com #Grand…
Report: RBI Proposes Linking BRICS Central Bank Digital Currencies for Payments
India’s central bank proposes linking BRICS central bank digital currencies to ease cross‑border payments. The Reserve Bank of India reportedly…
Asian Stocks in Best-Ever Start to a Year, Currencies Strengthen
Asian stocks are having their best-ever start to a year, with the region’s currencies and bonds also rallying as investors…
Emerging-Market Stocks, Currencies Head for Weekly Advance
Emerging-market stocks and currencies headed for a weekly advance amid thinned holiday trading as investor sentiment remained bullish heading into…
China To Intensify Crackdown on Virtual Currencies, Including Stablecoins: Report
Mainland China has reiterated its anti-crypto stance, vowing to intensify its crackdown on speculation in virtual currencies, according to a…